Solar Panel Cost Guide in Wappinger, NY (2023 Update)
- Wappinger Solar Installation Cost: $8,983
- 25-Year Savings: $11,818
- Payback Period: 10.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Wappinger
Find out what the average cost of installing solar panels is in Wappinger.
The average cost of solar panels in Wappinger is 2.95 per watt. The average Wappinger homeowner needs a 4.3-kilowatt system, which would cost about $8,983 with the federal tax credit, or $12,846 before the 30% tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Wappinger homeowner. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. Even with the large initial cost, the average Wappinger homeowner can save about $18,000 on their electricity bills over 20 years, which is one of the perks of solar.
To get a free estimate from a vetted solar installer in Wappinger, you can click the button below.
Solar savings over time in Wappinger
| Year | Return on Investment |
|---|---|
| 1 years | $-8,151 |
| 3 years | $-6,487 |
| 5 years | $-4,823 |
| 7 years | $-3,159 |
| 9 years | $-1,495 |
| 11 years | $169 |
| 13 years | $1,834 |
| 15 years | $3,498 |
| 17 years | $5,162 |
| 19 years | $6,826 |
| 21 years | $8,490 |
| 23 years | $10,154 |
| 25 years | $11,818 |
Top Solar Installers in Wappinger
When making the switch to solar, many homeowners prefer to hire a solar company since handling can be a time-consuming project. Local solar installation companies can also help you maximize your return on investment by walking you through any local incentives you can benefit from and by providing warranties and repairs.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Wappinger
Factors that Affect Solar Panel Costs in Wappinger
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few major factors that affect your total cost in Wappinger: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
The size of the solar system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,950. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your energy bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Wappinger average.
Solar Financing Terms
Most solar installers in Wappinger have solar loans, which reduce your upfront costs of installing solar panels. Although solar loans make switching to solar energy more accessible for Wappinger homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Wappinger is the company you get to install your PV system. As with choosing a company to install new cabinets, for example, there's no shortage of solar installers that provide a range of services for different budgets. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and choose a company that has the products, warranties and services you want and also is within your budget.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.07 | $12,886 | $15,796 | 11.2 years |
| 8 kW | $3.01 | $16,850 | $21,392 | 11.0 years |
| 10 kW | $2.95 | $20,650 | $27,153 | 10.8 years |
| 12 kW | $2.89 | $24,284 | $33,080 | 10.6 years |
| 14 kW | $2.83 | $27,754 | $39,171 | 10.4 years |
| 16 kW | $2.77 | $31,058 | $45,428 | 10.2 years |
| 18 kW | $2.71 | $34,196 | $51,850 | 9.9 years |
| 20 kW | $2.66 | $37,170 | $58,437 | 9.7 years |
How to Save on Solar Panels
The solar panel company you opt for will affect not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, such as:
- Warranty: If you're worried about the longevity of your solar panels, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years in most cases offer high-quality solar panel installation and expertise.
- Solar Panel Brands: The brand of solar panel you'd like to install plays a part in which installer you should go with, since different companies provide different panels.
- Contract: When reading through your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Wappinger, NY Solar Cost FAQs
How much does it cost to install solar panels in Wappinger?
The average cost of solar panels in Wappinger is about $14,750 for a 5-kW system and $29,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider aside from cost when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it's the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Wappinger?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future power bills.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.